LESSON PLAN (RPP) - SUMMARIZING STAGE IN TRADE COMPANIES

TUGAS

LESSON PLAN (RPP)

SUMMARIZING STAGE IN TRADE COMPANIES

Untuk memenuhi tugas mata kuliah Perencanaan Pembelajaran

Dosen Pembimbing: Prof. DR. Sigit Santoso, M.Pd

Disusun oleh:

Rina Valia (K7411131)

Kelas A

PENDIDIKAN EKONOMI BKK AKUNTANSI

FAKULTAS KEGURUAN DAN ILMU PENDIDIKAN

UNIVERSITAS SEBELAS MARET

SURAKARTA

MEI, 2013

LESSON PLAN

School                         : SMA N 1 Baturetno

Subject                                    : Accounting

Class / Semester          : XII / I

Time Allocation          : 1 x 45 minutes

A.      Competency Standard

3. Summarizing stage in trade companies

B.       Basic Competency

3.1 Make an adjustment journal from the identification of adjusted journal entries

C.      Indicators

1.      Identify the adjusted journal entries

2.      Make an adjustment journal from the identification of adjusted journal entries

D.      Purpose of the Lesson

1.      Students competent to identify the adjusted journal entries

2.      Students competent to make an adjustment journal from the identification of adjusted journal entries and trial balance

Student’s expected character:

1.         Independent

2.         Hard-work

3.         Fair

4.         Team-work

E.       Learning Materials

A.    Trial Balance

We already know that a trial balance is a list of all balances of accounts in the general ledger. In arranging a trial balance, the total balance on the debit side must be equal to the credit side. Disparity between the debit and credit sides of the trial balance indicates that there is a mistake in recording either during the preparation of the journal or the posting to the ledger: a subsidiary ledger can actually help control mistakes in posting to the general ledger.

An accounting process which is done manually is more susceptible to mistakes than the one performed in a computerized way using application programs, such as MYOB, DEA, Zahir, and others., provided that data entry is conducted correctly. Due to such programs, the preparation of journals, general ledgers, subsidiary ledgers, and financial statements can be done automatically just by clicking the command icons as suggested in the directions to use the accounting application programs.

Below is a sample format of a trial balance:

PD ANGKASA JAYA

TRIAL BALANCE

Per December, 31^th 2008

Acc. No	Account Name	Debet	Credit

B.     Adjustment Journal

What needs to be adjusted is actually the same as the cycle of accounting in service companies, that is the accounts which, the preparation of trial balance or at the end of accounting period, are not the same as the reality. You certainly still remember that in service companies the incomes from a long-term transaction, such as rent which is not due, needs to be adjusted to determine how much of the rent can already be recorded as an income and how much is to be recorded as a prepaid income. So is the case with the use of equipment and so on. In the accounting cycle of trade companies, there are a number of accounts that need to be adjusted but they are not found in service companie, for instance stock of goods, writing off bad debts, and some other similar accounts.

The initial stocks of goods in the trial balance which is recorded on the debit side will be written on the credit side at the adjustment, whereas the debit side is filled with the cost of goods sold. The same thing is done for the purchase and sales transportation cost.

Meanwhile, purchase returns, purchase deduction, and the final stocks of goods which are written on the credit side in the trial balance will be reserved at the adjustment, so they are written on the debit side, whereas the credit side is filled with cost of goods sold. If they are grouped into two , initial stock and final stocks, the adjustment is like the model of adjustment journal of stocks of goods using cost of goods sold method above.

The form of adjustment above is an expansion of the individual journals.

Cost of goods sold Stock of goods (initial) Cost of goods sold Purchase Cost of goods sold Purchase transportation cost Purchase discount Cost of goods sold Purchase return Cost of goods sold Stock of goods (final) Cost of goods sold

Rp xxx Rp xxx Rp xxx Rp xxx Rp xxx Rp xxx Rp xxx Rp xxx Rp xxx Rp xxx Rp xxx Rp xxx

Debt write-off is done because the debt cannot be recovered anymre or it has been long, so the company assumes the debt is unrecoverable and therefore , it has to be written off and it reduces the balance of account receivable.

Depreciation of fixed assets, the use of equipment, incomes receivable and expenses payable are the same as in service companies , the ones which are different are stock of goods and debt write-off..

1.      Adjusment of Stock of Goods

The adjustment of the stock is almost the same as that of equipment, that is the quantity used. For stock of goods, what is noted is the quantity of goods sold whereas for equipment it is the quantity of equipment used. The figure makes the initial amount of equipment decreas as much as the amount written in the adjustment (the amount used) so the stock of goods becomes equal to the reality.

In the adjustment, in order to find out the equipment which has been used and the remainders, the equipment expense is debited and the equipment is credited. So, the equipment which has been used is recorded as an expense which reduces the balance of equipment that has been budgeted for one accounting period. Meanwhile, the adjustment of stock of goods account, there are two ways or two accounts which can be used to deduct the stock of goods as many as the number of goods sold or cost of goods sold are the summary of profit and loss. The account of profit and loss summary in the accounting cycle of service companies is only used to close the accounts of expenses and incomes the closing journal.

Below are ways of adjusting the stock of goods:

1)      Using a summary of profit and loss

Date		Account	Ref	Debit	Credit
	31	Profit and loss summary Initial stock Final stock Profit and loss summary		Rp xx - Rp xx	- Rp xx - Rp xx

2)      Using the account of cost of goods sold

Date		Account	Ref	Debit	Credit
	31 31	Cost of goods purchased Initial stock Purchase Purchase transportation Final stock Purchase return Purchase discount Cost of goods purchased		Rp xx - - - Rp xx Rp xx Rp xx	- Rp xx Rp xx Rpxx - - - Rp xx

2.      Adjustment of Bad Debts

The account receivable of a trade company is usually larger than of a service company because it sells goods on credit more often. Sometimes some of the account receivable have not been paid off by the customers because they are bankruptor because of other reasons which make them unable to repay the debts. If an account receivable has been declared as unrecoverable, it can be written as or changed into a new account of debt write-off on the debit side to deduct the account receivable written on the credit side. A credited debt means the debt decreases because the account receivable increase on the debit side.

Date		Account	Ref	Debit	Credit
	31	Debt write-off Account receivable Bad debt Account receivable		Rp xx - Rp xx	- Rp xx - Rp xx

The adjustment journal for the use of equipment which is paid in advance, income recevale, and prepaid incomes is the same as what has been discussed in grade under the topic of accounting cycle in service companies, so it is not discussed anymore in this book.

F.       Learning Methods

1.      Lecture

2.      Cooperative learning (group discussion)

G.      Learning Steps

Steps to-face activities:

1.      Initial Activities (5 minutes)

a.       Teacher greets and performs presence

b.      Teacher prepares the students to start the lesson

c.       Teacher explains Basic Competency Standards and Competencies to be studied

d.      Teacher connects the material to be delivered to the existing knowledge of students regarding the income statement

2.      Main Activities (35 minutes)

a.       Teacher explains about summarizing stage in trade companies briefly

b.      Teacher divides the students become groups, each group consisting 2 or 3 students, then teacher gives a question that must be work by each group

c.       Teacher controls the discussion

d.      Teacher choose two groups to present their result in front of class

e.       Teacher clarify the correct answer

f.       Teacher asks the students if there are questions about the material

3.      Closing Activities (5 minutes)

a. Teacher gives a conclusion about the material that have been discussed

b. Teacher close the meeting

H.      Learning Resource and Equipments

1.      Accounting books of grade XII

2.      Bilingual Books by Khoirul Anwar

3.      White board, board marker, LCD

4.      Other relevant material

I.         Evaluation

1.      Type

a.       Individual task

b.      Group test

2.      Forms Instruments

a.       Problem Description

b.      Practice

3.      Instruments

Answer the question below correctly:

PD ANGKASA

TRIAL BALANCE

Account	Debit	Credit
Cash	Rp 400.000
Account Receivable	Rp 690.000
Stock of goods	Rp 1.390.000
Equipment	Rp 6.000.000
Building	Rp 1.600.000
Accumulation of building depreciation		Rp 6.000
Vehicles	Rp 750.000
Accumulation of vehicle depreciation		Rp 4.000
Business debt		Rp 1.000.000
Mr. Aksan’s capital		Rp 1.736.000
Sales		Rp 6.090.000
Sales deduction	Rp 34.000
Sales return	Rp 4.000
Purchase	Rp 3.470.000
Purchase transportation cost	Rp 700.000
Purchase deduction		Rp 400.000
Sales return		Rp 5.000
Water, eletricity and telephonr axpenses	Rp 2.400
Salary expense	Rp 160.400
Advertisement expense	Rp 24.200
General expense	Rp 10.000

Entries of adjustment journal:

1.      A receivable account which has not been redeemed for a long time and it is going to be written off by the company amounting to Rp 60.000

2.      Depreciation of buildings and vehicles for current period as much as Rp 2.400 and Rp 1.200 respectively

3.      Stock of goods at the end of period is Rp 2.400.000

4.      Remaining equipment of Rp 500

From the data about trial balance and adjustment above, please make the adjustment journal!

J.      Evaluation Guidelines

Answer Key

PD ANGKASA

ADJUSTMENT JOURNAL

Date		Account	Ref	Debit	Credit
	31	Bad debt Account receivable Building Deprciation Expense Accumulation of Building Depreciation Vehicles Depreciation Expense Accumulation of Vehicles Depreciation Profit and loss Summary Initial Stock Final Stock Profit and loss Summary Equipment Expense Equipment		Rp 60.000 - Rp 2.400 - Rp 1.200 - Rp 1.390.000 - Rp 2.400.000 - Rp 5.500.000	- Rp 60.000 - Rp 2.400 - Rp 1.200 - Rp 1.390.000 - Rp 2.400.000 - Rp 5.500.000

Score Criteria:

Criteria	Score
a.       The answer full and correct b.      Answer correctly and less complete c.       Answer is not right d.      Did not answer	100 80 50 0

Observations Format Character Value:

No	Indicator Character Value	Number of students present list *)
		1	2	3	4	5	6	7	8	9	10	11	12	13	14
1	Build and implement information and knowledge logically, critically, creatively and innovative
2	Communicate effectively orally and in writing and manners
3	shows a competitive attitude and sportsmanship to get the best results
4	Respect the differences of opinion and empathy toward others
number of NV
number of SS
number of SE
number of BH

*) To be completed by:

·         NV (Not Visible) - if the students do not exhibit the behavior listed in the indicator

·         SS (Start Seen) - if the students began to show the behavior shown in the indicator, but not consistent

·         SE (Start Evolving) - if the students began to consistently exhibit the behavior listed in the indicator

·         BH (Becoming Habit / entrenched) - if learners continuously / consistently exhibit the behavior listed in the indicator

Surakarta, February 5^th 2013

Knowing,

Teachers Principal                                                       Accounting Teacher

Budi Santosa, S.Pd, M.Pd                                          Rina Valia

NIP.                                                                            NIP.